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What does the Latin phrase ceteris paribus mean? A. All factors change. B. Everything else remains constant. C. Supply and demand are unrelated. D. Markets fluctuate.
The Latin phrase ceteris paribus means: Everything else remains constant.
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Expert answered|vchutkan|Points 251|
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Asked 5/16/2011 9:15:06 PM
Updated 3/20/2017 4:24:44 PM
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Edited by Janet17 [3/20/2017 4:24:43 PM], Confirmed by Janet17 [3/20/2017 4:24:44 PM]
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Minimum wage is a common example of what? A. price ceilings B. rationing C. price floors D. public good
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Updated 5/26/2014 12:33:35 PM
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Minimum wage is a common example of a PRICE FLOOR.

Added 5/26/2014 12:33:35 PM
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1 Answer/Comment
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